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V3494-20 ·2 December 2020 ·consulta-vinculante Medium impact
Tax

Grants for homeowners' associations are treated as capital gains for each owner

A homeowners' association sought guidance on how a grant for elevator installation should be allocated when part of the amount must be apportioned among members who meet the eligibility criteria. The Directorate General for Taxes (DGT) ruled that the grant constitutes a capital gain to be attributed to each owner in accordance with the terms set out in the award resolution.

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Lifecycle

2020-12-02PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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